Quarterly report pursuant to Section 13 or 15(d)

4. Balance Sheet Detail Information

v3.19.2
4. Balance Sheet Detail Information
9 Months Ended
Jun. 30, 2019
Disclosure Text Block Supplement [Abstract]  
Balance Sheet Detail Information

Note 4:        Balance Sheet Detail Information

 

    June 30,     September 30,  
    2019     2018  
             
Trade receivables, current, net:                
Accounts receivable, current   $ 11,692,183     $ 14,350,559  
Less: Reserve for doubtful accounts     (466,780 )     (511,137 )
    $ 11,225,403     $ 13,839,422  
Trade receivables , long term, net:                
Accounts receivable, long term   $ 195,779     $ 344,572  
Less: Reserve for doubtful accounts     (195,779 )     (344,572 )
    $     $  
Total trade receivables, net:                
Gross trade receivables   $ 11,887,962     $ 14,695,131  
Less: Reserve for doubtful accounts     (662,559 )     (855,709 )
    $ 11,225,403     $ 13,839,422  
Inventory, net                
Raw materials   $ 7,996,780     $ 9,712,839  
Work in progress     2,076,226       1,141,486  
Finished goods     5,462,552       5,414,072  
Merchandise     25,296,273       31,461,311  
      40,831,831       47,729,708  
Less: Inventory reserves     (633,428 )     (1,202,669 )
    $ 40,198,403     $ 46,527,039  
Property and equipment, net:                
Building and improvements   $ 11,232,327     $ 10,954,843  
Transportation equipment     82,266       82,266  
Machinery and equipment     20,600,550       23,295,315  
Furnishings and fixtures     2,723,298       2,639,616  
Office, computer equipment and other     2,446,727       2,530,410  
      37,085,168       39,502,450  
Less: Accumulated depreciation     (13,114,970 )     (11,511,390 )
    $ 23,970,198     $ 27,991,060  
Intangible assets, net:                
Domain name and marketing related intangibles   $ 59,313     $ 59,313  
Lease intangibles     2,251,965       2,239,008  
Customer relationship intangibles     4,709,241       4,709,241  
Purchased software     2,289,628       2,190,937  
      9,310,147       9,198,499  
Less: Accumulated amortization     (3,600,164 )     (2,532,652 )
    $ 5,709,983     $ 6,665,847  
Accrued liabilities:                
Accrued payroll and bonuses   $ 2,159,930     $ 2,384,041  
Accrued sales and use taxes     926,284       1,007,284  
Accrued property taxes     266,597       362,388  
Accrued rent     554,212       506,989  
Deferred revenue           354,227  
Accrued gift card and escheatment liability     1,453,870       1,593,688  
Accrued interest payable     182,089       195,907  
Accrued accounts payable and bank overdrafts     1,079,716       942,600  
Accrued professional fees     76,066       470,726  
Customer deposits     643,455       508,252  
Accrued expenses - other     221,052       244,803  
    $ 7,563,271     $ 8,570,905